Missouri Authorities Investigating Fraudulent Medical Marijuana Cards
FeaturedTrending Stories June 25, 2020 0
There are around 600 patients in Missouri who obtained a certification for a medical marijuana license with a fraudulent signature from a physician, according to the state’s department of health. The agency made the announcement on Friday, saying that at this time “there is no evidence to indicate the... Read more
AG Barr’s Bias Allegedly Spurred Investigations Of Cannabis Industry
FeaturedTrending Stories June 25, 2020 0
A Department of Justice whistleblower has said that U.S. Attorney General William Barr directed the agency’s Antitrust Division to investigate proposed mergers of cannabis companies because of his “personal dislike of the industry.” In written testimony released on Tuesday before a planned congressional appearance, Justice Department attorney John Elias... Read more
L.A. Considers Social Equity Overhaul for Cannabis Industry
CaliforniaFeaturedTrending Stories June 25, 2020 0
After a lot of community blowback about not being inclusive enough and a failed attempt at social equity last year, The Los Angeles City Council may adopt new cannabis licensing and social equity plans that would overhaul the existing licensing system. This new proposal comes from the Department of... Read more
Study Shows IBS Patients Who Use Cannabis Spend Less Time In Hospital
FeaturedTrending Stories June 24, 2020 0
The results of a recent study show that patients with irritable bowel syndrome (IBS) who have a history of cannabis use spent less time in the hospital and had lower inpatient health care utilization and associated costs. A report on the research, “Association between cannabis use and healthcare utilization... Read more
What Pregnant Cannabis Users Need To Know About Toxicology Screenings
FeaturedTrending Stories June 24, 2020 0
Pregnant cannabis users deal with stigma and stress over the possibility of losing custody, all because they medicate with a plant that is still illegal on a federal level. Despite the legal statuses of cannabis in each state, the Federal classification supersedes in a situation involving the local child... Read more
Advocates Consider COVID-19 Pandemic Opportunity to Push To Legalize Cannabis In Spain
FeaturedTrending Stories June 24, 2020 0
Cannabis clubs in Spain are prising open their doors as the country enters the second phase of lockdown de-escalation. But campaigners say socio-economic impacts of the shutdown prove cannabis is an accepted norm of mainstream Spanish society, and private weed clubs should be allowed to dispense like pharmacies if... Read more
Organigram Completes $49 Million At-the-Market Equity Offering
FeaturedTrending Stories June 23, 2020 0
Organigram Holdings Inc. Provides Corporate Updates MONCTON, New Brunswick, June 23, 2020–(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Corporation”) (TSX: OGI) (NASDAQ: OGI) announces a number of corporate updates. At-the-Market Program Completion Earlier this month the Corporation completed its at-the-market equity program previously announced on April 22, 2020, issuing... Read more
Aurora Cannabis Reports Progress on Cost Reductions and Will Take up to $200 Million Asset Impairment Charges
FeaturedTrending Stories June 23, 2020 0
Aurora Cannabis Provides Key Updates on Business Transformation Plan Continues to Execute on Corporate Restructuring & Facility Rationalization Plan Aimed at Margin Improvement and Profitability Exiting Fiscal Q4 2020 at an SG&A Run Rate of Approximately $42 Million Remains on Track for Positive Adjusted EBITDA in Fiscal Q1 2021... Read more
TILT Announces Q1 2020 Financial Results TILT Reports Revenue of $42.4 Million, Up 27% Quarter over Quarter Positive Adjusted EBITDA of $1.7 Million $32.3 Million Record Quarterly Revenue at Jupiter Research Sequential Gross Margin Increase from 20.0% to 27.7% CAMBRIDGE, Mass., June 23, 2020 (GLOBE NEWSWIRE) — TILT Holdings... Read more
Denver Issues First Research and Development License for Medical Cannabis
ColoradoFeaturedTrending Stories June 22, 2020 0
While the city of Denver, and the state of Colorado as a whole, has been on the forefront of recreational and medical cannabis, Denver just issued the first official research and development license this past Tuesday. Med Pharm, the group granted the license, will be looking at how cannabis... Read more